News
OU Guaranteed Tuition Plan To Begin In 2015
< < Back to ou-guaranteed-tuition-plan-begin-2015The Ohio University Board of Trustees Friday approved the Ohio Guarantee Program, a concept that would keep the rate of tuition stable for four years of a student's college experience. The plan will go into effect in the fall of 2015.
The board has heard the idea before this past week's meetings, but OU Executive Vice President and Provost Pam Benoit and Vice President for Finance and Administration Stephen Golding laid out the plan again on Thursday. The plan was originally called the Ohio Guaranteed Tuition Plan.
The board approved the concept of the Guarantee, but not the rate of tuition, on Friday. The tuition rates for the 2015-16 school year will be decided at a later date. The cost of tuition will stay the same for each student for 12 consecutive semesters – including summer semesters. That number helps encourage students to finish their degree in four years.
The board also approved Friday a resolution to move forward with planning of the Northeast Campus Roadway, which would connect Stimson Avenue to the main OU campus, via a road between the Hocking River and the intramural fields. President Roderick McDavis noted that the roadway will open up "green space" for students along South Green, where construction has already begun on new student housing.
The trustees also unanimously approved these resolutions in joint session Friday:
The 2.89 percent raise to McDavis' base compensation, equal to $12,000, and a 15 percent bonus to his 2013 base salary, equal to $62,250. This is the same raise and bonus that was announced by the board at the August meetings. The board also approved a raise and bonus for Deborah McDavis, equaling slightly over $1,200.
-Resolutions to move forward with designing McCracken Hall's $32 million renovation, the expansion to the OU College of Business
-Resolutions to begin construction on renovations to student housing buildings Bromley Hall and Lindley Hall
-A resolution to start construction on the South Green Drive extension, which would connect the road to campus as part of the Northeast Campus Roadway project
-That the Department of Health Sciences and Professions in the College of Health Sciences and Professions will now offer a Global Health Certificate and a master's degree in Physician Assistant Studies
-A resolution that Jeffrey Chaddock will now sit on the Kennedy Museum of Art Advisory Board for at least the next three years